secwatch.observer — SEC 8-K summary
======================================

Issuer:     LIQUIDMETAL TECHNOLOGIES INC (LQMT)
CIK:        0001141240
Form:       8-K
Filed at:   2021-09-03T23:59:59+00:00
Accession:  0001437749-21-021504
Event type: leadership
Sentiment:  negative
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

COO and VP Finance resign; CEO Tony Chung becomes principal financial officer
-----------------------------------------------------------------------------

- COO Bruce Bromage resigns effective Sep 30, 2021; gets lump-sum severance of $316,285.
- VP Finance Bryce Van resigns effective Oct 15, 2021; gets lump-sum severance of $252,889.69.
- Bromage receives accelerated vesting of 2.43M options; total 10,329,692 options exercisable.
- Van's option exercise period extended to 2 years post-termination; 2,046,500 options exercisable.
- CEO Tony Chung appointed principal financial and accounting officer effective Aug 30, 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1141240/000143774921021504/0001437749-21-021504-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1141240/000143774921021504/lqmt20210902_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-021504

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer